Apartment for sale in Albufeira, Portugal

Studio in Tourist Development - Apartment Paraíso de Albufeira (4 stars) The apartment is composed as follows: - Kitchenette equipped with hob, oven, microwave and fridge. - Bathroom with bathtub. - Balcony overlooking the avenue with sun exposure to the north. It has air conditioning, telephone, music, satellite TV and a safe. The water system is provided by a centralized boiler system. According to the company's title of incorporation, the apartments are intended for tourist use. Purpose of the acquisition: - Owner's own usufruct. - For income, delivery of the apartment to the entity that operates the hotel and receives in exchange an annual income of 2500. The owner of the apartment can take a free holiday for 15 days and get special discounts such as - Discount on accommodation (agency price list) - 20% discount on food and drinks inside the hotel - 10% discount on corporate services (excursions, water parks, sightseeing). Loads Value of the condominium - 504 per year / 42 per month - Additional off-farm value: $100 per month - If the apartment is handed over to the operator, the costs of water and electricity are the responsibility of the operator. - If the apartment is not handed over to the operator, water and electricity meters must be installed in the apartment, at the owner's expense. Hotel facilities (some services/comforts are subject to a fee) Restaurant & Bar, Outdoor Pool, Indoor Pool, Jacuzzi, Mini Golf, Padel, Health Club, Gymnasium, Games Room, Hair Salon, Shops. Ask for your visit!